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Boeing Reaches DOJ Agreement Over B737 MAX Fraud Case

Boeing has reached a tentative non-prosecution agreement with the U.S. Department of Justice (DOJ), aiming to resolve a criminal fraud case stemming from two fatal B737 MAX crashes involving Lion Air Flight 610 and Ethiopian Airlines Flight 302. The proposed agreement would prevent a 23 June 2025 trial, avoiding prolonged legal exposure for the aerospace giant.

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Boeing Settles Lawsuits Over 2019 Ethiopian B737 MAX Crash

Boeing has reached a settlement in two lawsuits stemming from the fatal Ethiopian Airlines B737 MAX crash in 2019, resolving the cases just days before a high-profile civil trial was set to begin. The legal action was part of broader litigation brought by families of the 157 victims who lost their lives in the tragedy, which occurred near Addis Ababa shortly…

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Ethiopian Airlines Launches Private Charter Service

Ethiopian Airlines Group has officially launched its new private charter plane service, marked by the delivery of a Boeing B737-800 BBJ, serial number 37663, powered by CFM International CFM56-7B27 engines. This strategic addition significantly enhances the airline’s premium and charter service capabilities.

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Ethiopian Airlines Signs $1.2 Billion MOU with African Development Bank for Bishoftu International Airport

Ethiopian Airlines has taken a significant step in expanding Ethiopia’s aviation infrastructure, signing a $1.2 billion memorandum of understanding (MOU) with the African Development Bank to collaborate on the development of the $7.8 billion Bishoftu International Airport project.

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Altavair Partners with Boeing and Marathon Asset Management to Deliver Boeing 777-300ER to Ethiopian Airlines

Altavair, a leading global aviation asset manager, has announced the successful delivery of a Boeing 777-300ER to Ethiopian Airlines, achieved through a strategic partnership with Boeing and Marathon Asset Management. In this transaction, Altavair served as the arranger, structurer, and servicer, while Marathon Asset Management provided the capital, and Ethiopian Airlines took on the role…

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Titan Aircraft Investments Acquires Two B777Fs (42033 & 42034)

Titan Aircraft Investments has announced the acquisition of two Boeing 777 Freighters, bearing serial numbers 42033 and 42034. The aircraft are currently on lease to Ethiopian Airlines and were purchased from Carlyle Aviation Partners, reinforcing Titan’s growing freighter portfolio.

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Ethiopian Airlines Adds Boeing 777 Freighter to Fleet

Ethiopian Airlines, Africa’s largest airline, has expanded its cargo fleet with the delivery of a Boeing 777 Freighter, identified by serial number 68140. The aircraft is powered by GE90-110B1 engines, known for their exceptional performance and efficiency. The Boeing 777F is one of the most advanced freighters in the market, offering unmatched payload capacity and long-range capabilities. Its addition to…

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Boeing Sells One of the Last B777-300ER to Altavair

Boeing has finalized the sale of one of the last B777-300ER aircraft, marking a significant milestone for this iconic model. The aircraft, bearing serial number 65420, was included in the manufacturer’s December 2024 order book update. This transaction highlights the enduring value of the B777-300ER in the global aviation market.